MSC Industrial Direct Co

MSMNYSE
$80.99
0.971.21%
Pre-Market: 5:28 PM EDT
15 minutes delayed
The dividend Ex-Date is in 6 days
Q3 2024 Earnings were released on Tue Jul 2nd, before the market open
The most recent conference call was at 8:30 AM, 1 day ago Click to view past webcast
Consensus Rating1
Overweight
Highest Price Target1
$80.00
Lowest Price Target1
$80.00
Consensus Price Target1
$72.90

MSC Industrial Direct Co (NYSE:MSM) Stock, Analyst Ratings, Price Targets, Predictions

MSC Industrial Direct Co Inc has a consensus price target of $72.9, established from looking at the 25 latest analyst ratings. The last 3 analyst ratings were released from Loop Capital, Stephens & Co., and Baird on June 17, 2024, June 14, 2024, and June 14, 2024. With an average price target of $91.33 between Loop Capital, Stephens & Co., and Baird, there's an implied 12.77% upside for MSC Industrial Direct Co Inc from these 3 analyst ratings.

Analyst Trends and Forecast
1
Jan
1
Apr
1
May
1
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Loop Capital
Keybanc
Stephens & Co.
Baird
JP Morgan

1calculated from analyst ratings

Analyst Ratings for MSC Industrial Direct Co

Buy NowGet Alert
06/17/2024Buy Now-1.22%Loop Capital
Chris Dankert
→ $80DowngradeBuy → HoldGet Alert
06/17/2024Buy Now—Keybanc
Ken Newman
—DowngradeOverweight → Sector WeightGet Alert
06/14/2024Buy Now35.82%Stephens & Co.
Tommy Moll
$110 → $110ReiteratesOverweight → OverweightGet Alert
06/14/2024Buy Now3.72%Baird
David Manthey
$95 → $84MaintainsNeutralGet Alert
05/29/2024Buy Now17.3%Baird
David Manthey
$112 → $95DowngradeOutperform → NeutralGet Alert
04/01/2024Buy Now35.82%Stephens & Co.
Tommy Moll
→ $110ReiteratesOverweight → OverweightGet Alert
01/10/2024Buy Now25.94%Keybanc
Ken Newman
$105 → $102MaintainsOverweightGet Alert
10/09/2023Buy Now53.11%Loop Capital
Chris Dankert
$96 → $124UpgradeHold → BuyGet Alert
06/30/2023Buy Now35.82%Baird
David Manthey
$104 → $110MaintainsOutperformGet Alert
06/30/2023Buy Now9.89%JP Morgan
Patrick Baumann
$86 → $89MaintainsNeutralGet Alert
04/21/2023Buy Now29.65%Keybanc
Ken Newman
$97 → $105MaintainsOverweightGet Alert
04/05/2023Buy Now19.77%Keybanc
Ken Newman
$93 → $97MaintainsOverweightGet Alert
04/05/2023Buy Now6.19%JP Morgan
Patrick Baumann
$80 → $86MaintainsNeutralGet Alert
04/05/2023Buy Now23.47%Stephens & Co.
Tommy Moll
→ $100Reiterates → OverweightGet Alert
04/05/2023Buy Now9.89%Loop Capital
Chris Dankert
$82 → $89MaintainsHoldGet Alert
04/05/2023Buy Now28.41%Baird
David Manthey
$95 → $104MaintainsOutperformGet Alert
10/17/2022Buy Now3.72%Jefferies
Stephen Volkmann
→ $84Assumes → HoldGet Alert
10/14/2022Buy Now14.83%Keybanc
Steve Barger
$100 → $93MaintainsOverweightGet Alert
06/30/2022Buy Now23.47%Baird
David Manthey
$105 → $100MaintainsOutperformGet Alert
06/30/2022Buy Now—William Blair
Ryan Merkel
—DowngradeOutperform → Market PerformGet Alert
03/31/2022Buy Now23.47%Keybanc
Ken Newman
$91 → $100MaintainsOverweightGet Alert
09/27/2021Buy Now12.36%Keybanc——MaintainsOverweightGet Alert
08/03/2021Buy Now13.59%Loop Capital
Chris Dankert
—Initiates → HoldGet Alert
07/15/2021Buy Now21%Deutsche Bank
Kevin Marek
—MaintainsHoldGet Alert
07/09/2021Buy Now41.99%Stephens & Co.
Tommy Moll
—UpgradeEqual-Weight → OverweightGet Alert

FAQ

Q

What is the target price for MSC Industrial Direct Co (MSM) stock?

A

The latest price target for MSC Industrial Direct Co (NYSE:MSM) was reported by Loop Capital on June 17, 2024. The analyst firm set a price target for $80.00 expecting MSM to fall to within 12 months (a possible -1.22% downside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MSC Industrial Direct Co (MSM)?

A

The latest analyst rating for MSC Industrial Direct Co (NYSE:MSM) was provided by Loop Capital, and MSC Industrial Direct Co downgraded their hold rating.

Q

When was the last upgrade for MSC Industrial Direct Co (MSM)?

A

The last upgrade for MSC Industrial Direct Co Inc happened on October 9, 2023 when Loop Capital raised their price target to $124. Loop Capital previously had a hold for MSC Industrial Direct Co Inc.

Q

When was the last downgrade for MSC Industrial Direct Co (MSM)?

A

The last downgrade for MSC Industrial Direct Co Inc happened on June 17, 2024 when Loop Capital changed their price target from N/A to $80 for MSC Industrial Direct Co Inc.

Q

When is the next analyst rating going to be posted or updated for MSC Industrial Direct Co (MSM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MSC Industrial Direct Co, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MSC Industrial Direct Co was filed on June 17, 2024 so you should expect the next rating to be made available sometime around June 17, 2025.

Q

Is the Analyst Rating MSC Industrial Direct Co (MSM) correct?

A

While ratings are subjective and will change, the latest MSC Industrial Direct Co (MSM) rating was a downgraded with a price target of $0.00 to $80.00. The current price MSC Industrial Direct Co (MSM) is trading at is $80.99, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch